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Miami Herald
30-06-2025
- Business
- Miami Herald
Tiny apartment that used to be a janitor's closet costs over $340,000
By James Gamble Meet the man living in one of London's smallest flats - a former janitor's cupboard that's still worth nearly £250k (over $340,000) because of its prime location. Cesar Mendez has lived in the 11.7 sq m property in plush Kensington for four years. He has millionaires for neighbors, can see the Natural History Museum from his window, and says the Royal Family regularly drives by. The 47-year-old insists the space, which includes a bedroom-cum-lounge-cum-kitchen, a minuscule hallway and a tiny toilet and shower room, warrants spending around £1,400 per month in rent (including bills). However, because of the flat's location - one of the capital's most desirable areas - it was recently up for sale with a guide price of £230,000. The flat is now under offer from a prospective buyer and is due to be sold in the coming weeks by estate agents Purplebricks. Despite the lack of room, the flat offers, diminutive Mendez, who works in admin in the banking industry and is originally from Tenerife, says it's the perfect size for him. "The rents in London are crazy," he said. "I love the location, it's great. It's very convenient. "For me it's fine. I'm not very tall, so it's OK. The only problem is you have to keep it clean all the time. "If it's not tidy, there's no space and you go crazy. "Have you seen any other flat under 12 square metres? If I had a girlfriend, we would fight all the time because it's such a small place. Mendez, an avid runner vying to run an astonishing 100 marathons across seven continents for charity Water Aid, says the flat's proximity to Hyde Park is also a major plus. And he added that, due to its centrality in the capital, he regularly sees members of the Royal Family driving past, escorted by police motorcades. "Having Hyde Park five minutes away from the flat is amazing," Mendez continued. "I work in Mayfair, too, and it takes me 10 to 15 minutes to cycle to work. "I have seen King Charles, Prince William and Queen Camilla around the area. Police stop the cars for them to go through. "I see them a lot - maybe once every two weeks. "It's very central. The location is incredible - but there are pros and cons - there's no washing machine so I have to take my clothes to get washed. "But it's still an amazing flat. It's very quiet here. "My neighbors are really nice; some of them are Chinese and some other neighbors are Italian - I think there's eight flats in the whole building." On his rich neighbors' homes, Cesar added: "They are massive. A one-bedroom flat sold for £1m, two bedrooms for £1.5m." Mendez hopes to continue living in the flat he loves once it's sold. Nick Minns, who is selling the flat that used to belong to his mother, harbors fond memories of the flat himself from when he lived in the tiny space for six months. He said he once even had a party, but held the main festivities in the hallway and used his flat as a 'booze cupboard'. On another occasion, he had a tall friend stay over and says he had a limb 'in every part of the flat'. "We had a party on the stairwell once," Minns explained. "The flat was just the booze cupboard. "We had a friend stay over, and he had a different body part in every room." Nick Gaunt, a Local Property Partner at Purplebricks, admitted it was 'unusual' to have a property at a guide price of £230,000 in the area. "To find any property, however small, with such a prestigious postcode and at this price is very unusual," he said. "As such, we're not surprised that it has got snapped up very quickly, especially given its location, investors are likely to see beyond its square meterage and to the fact it makes a smart investment for any buyer." The post Tiny apartment that used to be a janitor's closet costs over $340,000 appeared first on Talker. Copyright Talker News. All Rights Reserved.
Yahoo
23-05-2025
- Business
- Yahoo
3 Dow Jones Stocks on Our Watchlist
The Dow Jones (^DJI) includes some of the most reliable stocks in the market, and while not all are equal, a few continue to shine. These companies are leveraging their strengths to maintain leadership and reward investors. Not all Dow Jones stocks are created equal, and StockStory is here to help you find the ones with the most upside. That said, here are three Dow Jones stocks that could be good additions to your portfolio. Market Cap: $386.9 billion Founded by candle maker William Procter and soap maker James Gamble, Proctor & Gamble (NYSE:PG) is a consumer products behemoth whose product portfolio spans everything from facial tissues to laundry detergent to feminine care to men's grooming. Why Do We Watch PG? Enormous revenue base of $83.93 billion provides significant negotiating leverage in retail partnerships Healthy operating margin of 25.2% shows it's a well-run company with efficient processes PG is a free cash flow machine with the flexibility to invest in growth initiatives or return capital to shareholders Procter & Gamble's stock price of $164.91 implies a valuation ratio of 23.1x forward P/E. Is now the time to initiate a position? See for yourself in our full research report, it's free. Market Cap: $306.2 billion A pioneer and behemoth in carbonated soft drinks, Coca-Cola (NYSE:KO) is a storied beverage company best known for its flagship soda. Why Is KO on Our Radar? Core business is healthy and doesn't need acquisitions to boost sales as its organic revenue growth averaged 11.1% over the past two years Customer loyalty and massive revenue base of $46.98 billion makes it a household name that influences purchasing decisions Products command premium prices and lead to a best-in-class gross margin of 60.6% Coca-Cola is trading at $71.29 per share, or 23.6x forward P/E. Is now a good time to buy? Find out in our full research report, it's free. Market Cap: $195.5 billion With roots dating back to 1891 and a portfolio that includes the blockbuster cancer immunotherapy Keytruda, Merck (NYSE:MRK) develops and sells prescription medicines, vaccines, and animal health products across oncology, infectious diseases, cardiovascular, and other therapeutic areas. Why Are We Fans of MRK? Unparalleled scale of $63.92 billion in revenue gives it negotiating leverage and staying power in an industry with high barriers to entry Free cash flow margin expanded by 11.2 percentage points over the last five years, providing additional flexibility for investments and share buybacks/dividends Industry-leading 15.6% return on capital demonstrates management's skill in finding high-return investments At $77.90 per share, Merck trades at 8.6x forward P/E. Is now the right time to buy? See for yourself in our in-depth research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 5 Strong Momentum Stocks for this week. This is a curated list of our High Quality stocks that have generated a market-beating return of 176% over the last five years. Stocks that made our list in 2020 include now familiar names such as Nvidia (+1,545% between March 2020 and March 2025) as well as under-the-radar businesses like the once-small-cap company Exlservice (+354% five-year return). Find your next big winner with StockStory today for free. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data

Miami Herald
16-05-2025
- Sport
- Miami Herald
School becomes first to get new $200,000 skate park
By James Gamble A state school has become the first in Britain to get its own skate park. Folkestone Academy's new $198,000 facility is available to students during school days and to the wider community at weekends. There are also plans to use it for PE lessons in the future. Skateboard GB, the nation's governing body, says Kent is fast becoming the UK's "capital"of skateboarding. A $17m multi-storey F51 skate park, also in Folkestone, is believed to be the first purpose-built, multi-storey skate park in the world. Skateboarding has seen its profile grow in Britain in the wake of teenager Sky Brown's success at last year's Paris Olympics. Neil Ellis, head of engagement at Skateboard GB, confirmed Folkestone's Academy's skate park is the first with a "concrete bowl" at a state school. And he said: "There has definitely been a growth in the number of youngsters turned off by competitive sports. "We are always playing to win, whereas in skateboarding, you are competing against yourself. It's freedom of expression and it's a massive step forward. "There are many more schools bringing in skateboarding; Northern Ireland and Wales are implementing skateboarding into their curriculum. "Kent does really well in skateboarding at schools; Canterbury Academy do a lot as well. F51 is the first, purpose-built multi-storey skate park in the world and also the most expensive skate park ever built in the UK. "Margate is looking to build the biggest outdoor skate park in the country in the next two years." Folkestone Academy also say the skating facilities are encouraging students disinterested in other aspects of education to go to school and have even improved attendance. "That's a definite win," Mr Ellis continued. "Kids look forward to the skateboard sessions as part of their school day. "It's adding value to their days." The opening of the skate park at Folkestone Academy - part of Kent-based academy trust Turner Schools - earlier this month was attended by local families as well as pro skaters who enjoyed live DJ sets, coaching and giveaways. The $198,000 facility, designed by British-Norwegian company Betongpark, was mainly funded by charity Friends of Folkestone Academy (FFA). The post School becomes first to get new $200,000 skate park appeared first on Talker. Copyright Talker News. All Rights Reserved.
Yahoo
06-05-2025
- Business
- Yahoo
2 Mega-Cap Stocks with Solid Fundamentals and 1 to Keep Off Your Radar
"Too big to fail" is how we would describe the megacap stocks in this article today. While they will likely stand the test of time, it's not all sunshine and rainbows as their scale can limit their ability to find new sources of growth. Sound complicated? With StockStory, it doesn't have to be. Our job is to find you high-quality companies that can win regardless of the conditions. That said, here are two industry titans with attractive long-term potential and one whose momentum may slow. Market Cap: $226.6 billion With a corporate history spanning over a century and once known for its iconic mainframe computers, IBM (NYSE:IBM) provides hybrid cloud computing platforms, AI solutions, consulting services, and enterprise infrastructure to help businesses modernize their operations. Why Do We Steer Clear of IBM? Sales tumbled by 1.3% annually over the last five years, showing market trends are working against its favor during this cycle Flat earnings per share over the last five years lagged its peers Below-average returns on capital indicate management struggled to find compelling investment opportunities IBM is trading at $248.88 per share, or 22.8x forward P/E. Dive into our free research report to see why there are better opportunities than IBM. Market Cap: $372.4 billion Founded by candle maker William Procter and soap maker James Gamble, Proctor & Gamble (NYSE:PG) is a consumer products behemoth whose product portfolio spans everything from facial tissues to laundry detergent to feminine care to men's grooming. Why Is PG Interesting? Customer loyalty and massive revenue base of $83.93 billion makes it a household name that influences purchasing decisions Excellent operating margin of 25.2% highlights the efficiency of its business model Strong free cash flow margin of 18.6% enables it to reinvest or return capital consistently Procter & Gamble's stock price of $158.76 implies a valuation ratio of 22.3x forward P/E. Is now a good time to buy? See for yourself in our in-depth research report, it's free. Market Cap: $737.5 billion Founded in 1876 by a Civil War veteran and pharmacist who was frustrated with the poor quality of medicines available at the time, Eli Lilly (NYSE:LLY) discovers, develops, and manufactures pharmaceutical products for conditions including diabetes, obesity, cancer, immunological disorders, and neurological diseases. Why Are We Bullish on LLY? Annual revenue growth of 33% over the last two years was superb and indicates its market share increased during this cycle Share repurchases over the last five years enabled its annual earnings per share growth of 17.6% to outpace its revenue gains Industry-leading 25.8% return on capital demonstrates management's skill in finding high-return investments At $821.05 per share, Eli Lilly trades at 32.4x forward P/E. Is now the right time to buy? Find out in our full research report, it's free. The market surged in 2024 and reached record highs after Donald Trump's presidential victory in November, but questions about new economic policies are adding much uncertainty for 2025. While the crowd speculates what might happen next, we're homing in on the companies that can succeed regardless of the political or macroeconomic environment. Put yourself in the driver's seat and build a durable portfolio by checking out our Top 9 Market-Beating Stocks. This is a curated list of our High Quality stocks that have generated a market-beating return of 175% over the last five years. Stocks that made our list in 2019 include now familiar names such as Nvidia (+2,183% between December 2019 and December 2024) as well as under-the-radar businesses like Axon (+711% five-year return). Find your next big winner with StockStory today for free. Sign in to access your portfolio


Scottish Sun
26-04-2025
- Entertainment
- Scottish Sun
World's oldest museum cafe is one of the most beautiful in the UK
It was one of the first ever museums to have a cafe COFFEE BREAK World's oldest museum cafe is one of the most beautiful in the UK Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) THE WORLD'S oldest museum cafe can be found in the UK - and it's barely changed in 150 years. Found inside the Victoria and Albert Museum, the ornate room dates back to 1868. Sign up for Scottish Sun newsletter Sign up 5 The cafe opened to the public in 1868 Credit: ©Victoria & Albert Museum, London 5 There are three themed sections to the cafe Credit: ©Victoria & Albert Museum, London Originally designed by James Gamble, William Morris and Edward Poynter, the V&A's cafe features opulent decorations showcasing the style of the Victorian era. The cafe has been serving customers for over 150 years and was the first of its kind. Museums originally never used to have cafes or anywhere for visitors to rest and enjoy refreshments, until Henry Cole came up with the idea of introducing an in-house refreshment room. Cole had learnt about the needs of visitors when he managed The Great Exhibition in 1851. One of the things that was high priority for visitors, was being fed and watered. Many other museums took until the 20th century to introduce a refreshment room. Large lights hang from the ceiling, stained glass windows litter the walls, grand arches stretch across the structure and colourful ceramic tiles line the floors. The cafe essentially splits into three sections, each designed by a different artist. The Gamble Room was designed by James Gamble, the Poynter Room by Edward J. Poynter, and The Morris Room by William Morris. Over the past 15 decades, not much inside the cafe has changed. World's biggest $1B mega-museum built for body of King Tut to open Artwork is spread across the walls, and there are a number of fascinating artefacts to gaze at. The Gamble Room, which was originally known as the Centre Refreshment Room, was the largest and intended to be the first room visitors saw. The room features a Renaissance Revival style, with colourful tiles and enamelled ceiling plates and was even compared to the glitz of Paris at the time. The Poynter Room, was initially the Grill Room, and features blue-toned tiles with Dutch influences. Eastern-inspired motifs including peacocks and waves, depictions of the months, seasons and zodiacs can also be seen across the room. The tiles were painted by female art students, which was an unusual commission for women at the time. 5 William Morris even designed a section of the cafe Credit: ©Victoria & Albert Museum, London 5 The cafe is open everyday, 10am to 5pm Credit: Alamy The third room, the Morris Room, was originally the Green Dining Room and designed by Morris before he was famous. The room features a Gothic Revival and Elizabethan style with olive branch decorations, hares and hounds, and stained glass windows. The three rooms all opened to the public in 1868 and were designed to showcase a range of different contemporary styles. In addition, originally there were different menus for different social classes. The Victoria and Albert Museum's (V&A) cafe, located in London, is open from 10am to 5pm, Monday to Friday and serves a variety of different coffees, pastries, sandwiches, salads, cakes, freshly baked scones and speciality teas. London is also home to a weird museum located underneath an office, and it is free to enter. Plus, a major new museum is due to open in the city in 2027.